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Salisbury Bancorp (Salisbury Bancorp) Retained Earnings : $105.85 Mil (As of Jun. 2023)


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What is Salisbury Bancorp Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Salisbury Bancorp's retained earnings for the quarter that ended in Jun. 2023 was $105.85 Mil.

Salisbury Bancorp's quarterly retained earnings increased from Dec. 2022 ($102.18 Mil) to Mar. 2023 ($103.37 Mil) and increased from Mar. 2023 ($103.37 Mil) to Jun. 2023 ($105.85 Mil).

Salisbury Bancorp's annual retained earnings increased from Dec. 2020 ($76.97 Mil) to Dec. 2021 ($90.00 Mil) and increased from Dec. 2021 ($90.00 Mil) to Dec. 2022 ($102.18 Mil).


Salisbury Bancorp Retained Earnings Historical Data

The historical data trend for Salisbury Bancorp's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Salisbury Bancorp Retained Earnings Chart

Salisbury Bancorp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.34 68.32 76.97 90.00 102.18

Salisbury Bancorp Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 95.57 98.98 102.18 103.37 105.85

Salisbury Bancorp Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Salisbury Bancorp  (NAS:SAL) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Salisbury Bancorp (Salisbury Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
5 Bissell Street, Lakeville, CT, USA, 06039
Salisbury Bancorp Inc is a full-service bank. It provides commercial banking, consumer financing, retail banking, and trust and wealth advisory services through a network of thirteen banking offices. Its product offerings include savings and money market accounts, mortgage loans, retirement plans, business loans, online and mobile banking, and direct deposits. The bank also offers a range of fiduciary services including trust and estate administration, wealth advisory, and investment management to individuals, families, businesses, and institutions.
Executives
Steven M Essex officer: EVP and Head of Trust 21 CHESTNUT HILL ROAD, WEST SIMSBURY CT 06092
Stephen J Scott officer: EVP, Chief Operating Officer 5 BISSELL STREET, LAKEVILLE CT 06039
Todd J Rubino officer: EVP, CCLO 5 BISSELL STREET, LAKEVILLE CT 06039
Paul S Hoffner director 5 BISSELL STREET, LAKEVILLE CT 06039
Carla L Balesano officer: EVP, Chief Credit Officer 5 BISSELL STREET, LAKEVILLE CT 06039
Neila B Radin director 5 BISSELL STREET, LAKEVILLE CT 06039
Grace E Schalkwyk director 5 BISSELL STREET, LAKEVILLE CT 06039
Amy D Raymond officer: EVP & Chief RBO 5 BISSELL STREET, LAKEVILLE CT 06039
Peter Albero officer: EVP & Chief Financial Officer 5 BISSELL STREET, LAKEVILLE CT 06039
George E Banta director ONE HORNBECK RIDGE, POUGHKEEPSIE NY 12603
John Matthew Davies officer: President of NY Region & CLO 38 MELISSA LANE, WASHINGTONVILLE NY 10992
Michael D Gordon director 92 CREEK ROAD, PLEASANT VALLEY NY 12569
David B Farrell director SALISBURY BANCORP, INC., 5 BISSELL STREET, LAKEVILLE CT 06039
Holly J Nelson director
Charles M Andola director 210 SOUTH STREET, HIGHLAND NY 12528